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Dec 10, 2013 5:00pm EST
because of all of that. >> what kind of technological did scott davis actually tell you about? >> in the last week or two, there has been a lot of interest about drones for delivering packages. we heard all about it from amazon's jeff a dose. bezos. i put the question to the company's cfo and the ceo as to whether ups would be involved in that kind of technology. here's what he had to say. >> we have been looking at drones technology for about four years now. many companies experiment with drones. in china in the last year, experimenting with the one package type drone that amazon talked about last week. we will pay attention to drone technology. the technology is not that far away. i think they'll regulation is years and years away. -- i think the regulation is years and years away. regulating drones is a challenge. >> are you thinking about five years out? >> i would say more like 10 years. this is a technology company. it is the backbone of what ups does. they spend about $1 billion a year on technology and most of that is looking at what could be down the road. interesting
Dec 9, 2013 5:00pm EST
will remain on its technology system which is more advance and will help them fine sell travelers. >> it seems you will have three. you have american and delta with a combination of northwest and then united airlines with a combination that they put together with continental. these things do not always go smoothly. u.s. airways did have a hard time with america west when they merged. you have more than enough competition with three big carriers. niche carriers and you have a lot of competition in the industry rationalize where they can charge the right price for their project. to benefiting pilots? we know they are going to have a very large equity position. aside from the equity asition, what this means is more stable business. you pretty much marry your carrier for life when you are in airline employee. a stable carrier grows and means better job security and when they can buy newer airplanes. pilots love that. routes for working purposes and the ability to travel. >> speak about the transatlantic market. >> it is a very competitive market. america faces competition for internat
Dec 5, 2013 5:00pm EST
"bloomberg west," where we look at the technology and media companies shaping our world. i'm emily chang. let's get to the rundown. nelson mandel died at the age of 95 and tributes
Search Results 0 to 2 of about 3